Chea S., 52, operates his own motorbike transportation service. He transports his customers to the local markets, typically making an income of US $4 per day, in Battambong Province. He is married, but he has no children.
S.’s current business is the primary income for the family and covers all the expenses. However, he and his wife plan to create an additional business to provide more income. S. wants to take out a loan of US $800 for his wife to operate a grocery business at home.
KREDIT Ltd. is one of Kiva’s most established partners in Southeast Asia. The organization empowers the economically-active poor and small entrepreneurs by providing inclusive financial services. Beyond loans, KREDIT offers low-income clients complementary training in debt management, savings and budgeting. In addition, KREDIT partners with NGOs to offer training in primary health care, agricultural techniques and HIV/AIDS awareness.
For more information on KREDIT, please visit its partner page. If you would like to engage more with KREDIT and its borrowers, you can also join its lending team, KREDIT MFI Cambodia.